EUR/USD: IntraDay Scalping and Short Term Swing Trading Only | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Trading Swing by Swing 39 replies

ToS indicators for day trading, scalping, and swing trading 0 replies

Long Term vs Short term (scalping) discussion 7 replies

Short term trading/scalping 24 replies

Short Term / Medium Term / Long Term? 3 replies

Attachments: EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
Exit Attachments

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

  • #141
  • Oct 7, 2015 7:58am Oct 7, 2015 7:58am
Try another short here at 549...stop at 62
  • #142
  • Oct 7, 2015 8:06am Oct 7, 2015 8:06am
Quoting Pipologist
Try another short here at 549...stop at 62
Careful there, they are in the middle of that 15, that may have been a retracement.
I'm flat on EU right now.
Attached Image
  • #143
  • Oct 7, 2015 8:18am Oct 7, 2015 8:18am
Quoting KzX
{quote} Careful there, they are in the middle of that 15, that may have been a retracement. I'm flat on EU right now. {image}
I had upper LOWER OR at 562 and stop at plus 3 band plus a little less than 3 which is average 2x my spread. Was playing that if they shorted at MidOR they were going to do it again if the 1 min showed weakness.

Trailing BE at 475 offer

sorry lower OR

out at 451

Now long again at 463 stop at 399
  • #144
  • Oct 7, 2015 8:25am Oct 7, 2015 8:25am
Quoting Pipologist
{quote} I had upper LOWER OR at 562 and stop at plus 3 band plus a little less than 3 which is average 2x my spread. Was playing that if they shorted at MidOR they were going to do it again if the 1 min showed weakness. Trailing BE at 475 offer sorry lower OR
Good call mate, I cashed out +40 on GA, that was quick, crazy pair
  • #145
  • Oct 7, 2015 8:27am Oct 7, 2015 8:27am
Quoting KzX
{quote} Good call mate, I cashed out +40 on GA, that was quick, crazy pair
40p that's a score...2 to 3 days work for some.
  • #146
  • Oct 7, 2015 8:32am Oct 7, 2015 8:32am
This is why I entered GA, some pressure from buyers - pin on H4. I waited for a stop hunt - stops below that pin and entered long a few pips below that pin.
Reaction was instant.

[Edit]
They still may fly to 2.1280-2.1300
Attached Image
  • #147
  • Oct 7, 2015 8:36am Oct 7, 2015 8:36am
Quoting Pipologist
{quote} Now long again at 463 stop at 399
Not liking this 1 min PA on this trade but I can't really give it more room and how much closer can I move my stop...it's only 6.5 pips, at the bottom of the swing far enough away for them to work for it and close enough so I don't get too clobbered if I'm wrong. They got me on this one, I could have been more proactive on this trade and pushed the close button sooner It was too "jumpy"

I shorted it at 39 even might be pushing it here at the ORL-15 line.
  • #148
  • Oct 7, 2015 8:45am Oct 7, 2015 8:45am
Quoting KzX
This is why I entered GA, some pressure from buyers - pin on H4. I waited for a stop hunt - stops below that pin and entered long a few pips below that pin. Reaction was instant. [Edit] They still may fly to 2.1280-2.1300 {image}
So basically you caught another major swing low...I'm going to have to take a note of your reasons for that trade. Textbook technically brilliant.
  • #149
  • Oct 7, 2015 8:48am Oct 7, 2015 8:48am
Quoting Pipologist
{quote} I shorted it at 39 even might be pushing it here at the ORL-15 line.
BE set to plus 1 pip. No take profit here. I'm riding this into tomorrow if it holds this might be the original short multi-day swing I was looking for this morning...

Oops spoke too soon, as usual wishful thinking.

However....looks like they're going without me. urrrrrrrrrghhh.
  • #150
  • Oct 7, 2015 8:51am Oct 7, 2015 8:51am
Pin bars are essential in mid term trades but there are different ones at different levels, you have to learn how to read them. Sometimes there's a reversal/pullback instantly, other ones retrace to 50% and others are getting fully covered like this one.
There are also fake ones
  • #151
  • Oct 7, 2015 9:14am Oct 7, 2015 9:14am
To sum it up, couple good calls on the thread today.
Congrats all and good luck!
  • #152
  • Oct 7, 2015 9:25am Oct 7, 2015 9:25am
1H chart 200MA at 1.1211, maybe some correction
  • #153
  • Oct 7, 2015 9:47am Oct 7, 2015 9:47am
Couldn't resist GA again, they gave another opportunity so I took it (another stop hunt confirmed by divergences), but this time I'll hold it to my target.

Not that I'm bullshitting.
Attached Image
  • #154
  • Oct 7, 2015 9:51am Oct 7, 2015 9:51am
Quoting velit
1H chart 200MA at 1.1211, maybe some correction
I focused on on GA and totally missed that EU.
They did a double swing from the top - 60p - 273-213.
It was a good spot for entry, damn I missed it;/
  • #155
  • Oct 7, 2015 11:36am Oct 7, 2015 11:36am
Closing GA 2.1260 for clean 100. Maybe will buy it again lower.
  • #156
  • Oct 7, 2015 11:38am Oct 7, 2015 11:38am
what you think now about EU
  • #157
  • Edited 1:09pm Oct 7, 2015 12:54pm | Edited 1:09pm
Quoting velit
what you think now about EU
Not much, still in the middle of the range 1.11-1.14. Scalpers paradise.
[edit] Look at 50% of the ranges, 1.05-1.17 - mid is 1.11 critical for bulls mid term. Split the upper and u have 1.11-1.14 - mid is 1.1250. Critical for both sides short term.
  • #158
  • Oct 7, 2015 3:52pm Oct 7, 2015 3:52pm
EU levels for October 8

1.12840
1.12670
1.12360
1.12110
  • #159
  • Edited 5:25pm Oct 7, 2015 5:03pm | Edited 5:25pm
Quoting seahorse
EU levels for October 8 1.12840 1.12670 1.12360 1.12110
Your levels yesterday were ON...just missed a major swing low and 2nd most extreme band by a few pips. Very nice. Thank you.

It's an hour after the start of the Asia Pacific session. Today I have projected and plotted for OR:

1.12519 ORH

1.12369 ORMid

1.12219 ORL

Round numbers would be 50 / 20.

If one were to combine seahorse's range and my projected OR just for experimentation, we have approximately +30 above ORH and -15 below ORL as the extremes of the day and about a 75p range for the day and very range bound. Of course, who knows how far it's going to extend for sure. However, we both have 36 as a significant number, seahorse shows a slight bias to the upper range today. His numbers yesterday and bias to the downside were nearly perfect yesterday.

Good luck all.
  • #160
  • Edited 8:28pm Oct 7, 2015 6:14pm | Edited 8:28pm
early morning long here at 38.8 seeing if they'll take it to proj ORmid plus 7.5 at 444, stop is at proj ORmid minus 7.5 at 294, less than 1/1 about a 2/3 rr but looking to hedge with a short asap instead of taking the stop

update, moved to BE+1, hedge sell stop closed, free ride with +1 min

update 2, stopped out at plus 0.9p prof, fired off another long with the same idea and levels above, long this time from 434

update 3 they moved a few ticks past 444 but didn't give me enough room to move to BE+1, could have maybe should have closed right then for plus 1.4 but 5mn and 15mn charts looks like turning up and 30mn and 60mn looks like stalling out a swing bottom, so we may not trade and stay past the projected ORL, it's still too early to know, but we're still above 36.

03:50 (GMT+3) there seems to be some sort of accumulation going on at 1.1240

04:22 we may not go the the projected ORL this morning but go there later this afternoon instead, the early morning low of 338 may hold for now.

04:27 just moved to BE+1 market bid at 482 now
1 trader viewing now